Summary: Saratoga Springs City School District, New York; School State Program - S&P Global Ratings’ Credit Research

Summary: Saratoga Springs City School District, New York; School State Program

Summary: Saratoga Springs City School District, New York; School State Program - S&P Global Ratings’ Credit Research
Summary: Saratoga Springs City School District, New York; School State Program
Published Apr 08, 2020
6 pages (2610 words) — Published Apr 08, 2020
Price US$ 225.00  |  Buy this Report Now

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Abstract:

S&P Global Ratings assigned its 'AA+' long-term rating to Saratoga Springs City School District (CSD), N.Y.'s general obligation (GO) 2020A school district serial bonds. At the same time S&P Global Ratings affirmed is 'AA+' rating on the district's long-term GO debt. The outlook is stable. The district is issuing approximately $9.3 million to finance the purchase of buses, as well as the outdoor improvements and renovations to all eight school buildings and district property, was approved by voters in 2018. The district's faith-and-credit pledge secures the bonds. The rating reflects our opinion of the diverse nature the Saratoga Springs City School District economy, which includes access to employment opportunities in and around Albany, New York's state capital. The district's available

  
Brief Excerpt:

...S&P Global Ratings assigned its '##+' long-term rating to Saratoga Springs City School District (CSD), N.Y.'s general obligation (GO) 2020A school district serial bonds. At the same time S&P Global Ratings affirmed is '##+' rating on the district's long-term GO debt. The outlook is stable. The district is issuing approximately $9.3 million to finance the purchase of buses, as well as the outdoor improvements and renovations to all eight school buildings and district property, was approved by voters in 2018. The district's faith-and-credit pledge secures the bonds....

  
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Summary

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Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Saratoga Springs City School District, New York; School State Program" Apr 08, 2020. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Saratoga-Springs-City-School-District-New-York-School-State-Program-2409833>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Saratoga Springs City School District, New York; School State Program Apr 08, 2020. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Saratoga-Springs-City-School-District-New-York-School-State-Program-2409833>
  
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